Light industrial to let in Millbank Street, Southampton, Hampshire SO14

16 Millbank comprises a recently-renovated detached warehouse of steel portal frame construction with brick elevations, partially clad in profiled steel cladding, under a new pitched roof with in-built skylights and providing clear span accommodation. Access is via a pedestrian doorway plus 5 full height loading doors plus two tailgate loading doors. Amenities within the warehouse include a solid concrete floor and three phase electricity. An external canopy provides a covered loading area of approximately 2,200 sq ft to 3 of the full height shutters plus the tailgate loading doors.

Accommodation

A measured survey has been undertaken which identified the following:

Warehouse Sq. Ft. Sq. M.
Main area 16,436 1,527
Platform area providing tail gate loading 2,372 220
Total gia 18,808 1,747

Tenure

Available on a new full repairing and insuring lease on terms to be agreed, at a guide rent of £10 per square foot (£188,080) plus VAT.

Rateable value

To be re-assessed.

Legal costs and VAT

Each party is expected to bear their own legal costs in any transaction.

The unit is elected for VAT purposes.

EPC rating

To be reassessed.

Viewings

All enquiries and appointments to view must be made through the sole agents Trinity Rose Commercial on or by emailing <br /><br />The property is prominently located on Millbank Street, Northam, a busy road leading into Southampton city centre. Northam is an established industrial and marine location, as well as attracting a number of trade operators. Elliott Builders Merchants are located adjacent to the property and South Coast Building Supplies, Magnet and Speedy Hire are all close by. The location benefits from good access to Ocean Village and its marina, the city centre and the docks are all within a mile. Motorway connections are in close proximity as below:

J3 M27 - 5.5 miles to the west

J5 M27 - 4.4 miles to the north

J7 M27 - 4.5 miles to the east